I gotta agree with Azreal on this one. Understandably you are putting rules into place to protect yourself, but you know how it all works.
I have ONE large loan that defaulted, and unfortunately it only took one for me not to loan anything out more than 500pts. I don't do loans through the marketplace, since there are no safeguards.
If this works for you, that's great. If it doesn't, well, you'll know why.
Results 11 to 14 of 14
Thread: Apply for Loan (TrueOC)
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10-01-2013, 10:06 AM #11
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10-01-2013, 10:09 AM #12
- Join Date
- Apr 2011
- Posts
- 2,543
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10-01-2013, 10:40 AM #13
- Join Date
- Jun 2012
- Posts
- 357
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10-01-2013, 10:44 AM #14
This is a bad idea imo and you do realize even with them posting in here as confirmation, there is no recourse if they don't pay. These are solely at your own risk.
Be prepared to lose alot of points.